Cost of living comparison
Iceland is 2.8 times more expensive than Paraguay.
If you lived in Iceland instead of Paraguay, you would:
pay 3.3 times more for restaurants
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.18
₲30,339
|
$17.84
kr2,434
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.53
₲32,867
|
$14.27
kr1,947
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.01
₲7,301
|
$2.32
kr316
|
|
| Bottle of water (11 fl. oz) |
$0.59
₲4,261
|
$2.12
kr290
|
|
pay 2.6 times more for groceries
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.72
₲5,189
|
$3.42
kr467
|
|
| Local cheese (8 oz) |
$3.22
₲23,323
|
$5.98
kr816
|
|
| Milk (1 gallon) |
$2.98
₲21,604
|
$5.33
kr727
|
|
|
Eggs
1 dozen
|
$1.79
₲13,001
|
$5.66
kr772
|
|
| Boneless chicken breast (1 lb) |
$1.69
₲12,245
|
$7.09
kr968
|
|
| Apples (1 lb) |
$0.83
₲6,039
|
$1.16
kr159
|
|
| Bananas (1 lb) |
$0.44
₲3,198
|
$0.98
kr134
|
|
| Oranges (1 lb) |
$0.52
₲3,774
|
$1.17
kr160
|
|
| Tomatoes (1 lb) |
$0.63
₲4,541
|
$1.84
kr251
|
|
| Potatoes (1 lb) |
$0.35
₲2,545
|
$0.96
kr131
|
|
| Onions (1 lb) |
$0.33
₲2,419
|
$0.51
kr70
|
|
pay 2.3 times more for transportation
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.19
₲30,414
|
$8.03
kr1,096
|
|
| Monthly public transit pass |
$23.43
₲169,897
|
$77.40
kr10,562
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,340.40
₲111,242,321
|
$29,836.83
kr4,071,534
|
|
| Taxi trip in downtown area (5 miles) |
$12.04
₲87,275
|
$23.97
kr3,271
|
|
pay 3.6 times more for housing
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.67
₲149,878
|
$62.40
kr8,515
|
|
| 1-Bedroom apartment in downtown area |
$339.07
₲2,458,805
|
$1,437.14
kr196,112
|
|
| 1-Bedroom apartment outside city center |
$217.13
₲1,574,528
|
$1,215.63
kr165,884
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$43.32
₲314,170
|
$68.63
kr9,365
|
|
pay 44.6% more for childcare
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$156.19
₲1,132,649
|
$259.34
kr35,390
|
|
| Middle school for 1 child, two semesters |
$2,231.33
₲16,180,701
|
$2,750.10
kr375,278
|
|
pay 3.8 times more for entertainment and sports
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.19
₲8,596
|
$8.52
kr1,163
|
|
| Cappuccino in mid-range area |
$2.09
₲15,146
|
$4.15
kr567
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.88
₲13,652
|
$10.64
kr1,451
|
|
| Monthly membership at local gym |
$28.67
₲207,923
|
$56.90
kr7,765
|
|
| Movie ticket to theater/cinema |
$5.58
₲40,452
|
$12.27
kr1,675
|
|
pay 2.3 times more for clothing
|
Paraguay
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$38.87
₲281,898
|
$118.08
kr16,113
|
|
|
Regular dress
from H&M or similar store
|
$31.15
₲225,856
|
$50.39
kr6,876
|
|
|
Running shoes
Nike or Adidas
|
$74.77
₲542,226
|
$151.12
kr20,621
|
|
| Men's business shoes (leather) |
$74.96
₲543,570
|
$175.20
kr23,907
|
|
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